Stainless steel scrap prices in the United States are beginning to edge back slightly, with London Metal Exchange cash nickel values showing little movement since the beginning of March.
"Prices have not made significant moves for weeks as LME nickel [values] have traded in an unusually narrow range with supply and demand fundamentals firmly in place," one US dealer source said."I think the market will be sideways moving into the second quarter and pick up moving into the third quarter," a second domestic dealer said.Fastmarkets AMM's assessment for the 300-series grades in Pittsburgh showed Type 316...